The Analyst Verdict: Cogent Comms Hldgs In The Eyes Of 5 Experts
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for Cogent Comms Hldgs (NASDAQ: CCOI) with a recent downward trend in price targets. The average 12-month price target is now $71.6, down from $79.75. Key analysts from RBC Capital, Goldman Sachs, JP Morgan, TD Cowen, and Keybanc have maintained or lowered their ratings and price targets.
July 29, 2024 | 5:00 pm
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Analysts have mixed ratings for Cogent Comms Hldgs (NASDAQ: CCOI) with a recent downward trend in price targets. The average 12-month price target is now $71.6, down from $79.75. Key analysts from RBC Capital, Goldman Sachs, JP Morgan, TD Cowen, and Keybanc have maintained or lowered their ratings and price targets.
The downward trend in price targets and mixed ratings from key analysts suggest a bearish short-term outlook for Cogent Comms Hldgs. The reduction in price targets by analysts from major firms like JP Morgan, TD Cowen, and Keybanc indicates lowered expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100